Mumbai: Ratnaafin, a leading MSME-focused NBFC, announced the opening of its new branch in Andheri, Mumbai. Unlike its existing presence in the city, the Andheri branch represents a larger space with enhanced resources and a bigger team, underscoring Ratnaafin’s commitment to serving the entrepreneurial community more effectively. The company has disbursed over ₹12,000 crores till date to small businesses across India, reinforcing its role as a trusted financial partner.
The Andheri branch will focus on a comprehensive suite of offerings including business loans (BL), loan against property (LAP), equipment finance, and solar loans. This diversified portfolio is designed to support MSMEs across sectors — from manufacturers upgrading machinery to entrepreneurs investing in renewable energy solutions.
“Mumbai is India’s commercial hub, and Andheri offers the right ecosystem for our expansion,” said Malav Desai, Joint Managing Director & CEO, Ratnaafin. “With a larger branch space, more resources, and a stronger team, we are positioned to serve the community better and meet the evolving needs of MSMEs and small business owners in the region.”
Ratnaafin now operates across 250+ locations and has served 150,000+ customers nationwide. Built on understanding the drive and resilience of entrepreneurs rather than just paperwork, the company continues to strengthen its position as a partner in MSME growth.
From textile manufacturers and industrial units to solar entrepreneurs and service businesses, Ratnaafin provides tailored solutions that go beyond transactional lending. The Mumbai expansion reinforces its mission to empower MSMEs — the backbone of India’s economy — with financial products designed for real business needs.